When one considers all of the wrongdoing and corruption that’s been uncovered involving many in Corporate America over the past few years, it’s evident that the federal and state governments haven’t done a very good job of regulation. In fact, it’s very clear that the regulatory agencies have in many areas failed miserably to carry out their duties and responsibilities. The drug, financial and oil industries are prime examples of those which have been poorly regulated and we have seen the consequences. In fact, the disaster on the Gulf Coast is the clearest example of what can happen when the “tail wags the dog” when it comes to governmental regulation of an industry. Hopefully, ordinary citizens are finally realizing they must get involved in the political process and support real reform candidates who are not owned or rented by the powerful special interests.
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